Video summary
Gold Range Calculation Strategy | Pin Point Entry Secret (Part 2)
Main summary
Key takeaways
Instruments / Markets Mentioned
- Gold (traded on intraday charts; managed with an implied FX-style “pips” risk framework)
Core Concept: “Range” + Level-Based Trading (No Trading Everywhere)
The strategy calculates a daily intraday range and then trades only when price reaches pending levels on one side.
Key rule:
- If there is no pending level on the side you want to trade, you should not enter (avoid mid-range / “in-between” entries that tend to cause losses).
Direction logic:
- Direction is determined by candle-close behavior relative to the 25% level.
- Trades are planned toward the 50% / 75% / 100% targets.
Methodology / Step-by-Step Framework
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Choose a single timeframe for practice
- Use either 3-minute OR 5-minute charts.
- Practice on only one at first—switching between both reduces learning effectiveness.
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Use Indian time
- Apply a session break at UTC 5:30 (Kolkata).
- Focus specifically on the 3:30 candle, especially its opening.
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Calculate the “range” from previous day high/low momentum
- Use previous day low and previous day high to form the momentum.
- The computed momentum is divided by 4.68.
- Range outcomes mentioned: approximately 19.01 to 19.16 (either is acceptable).
-
Place levels from the opening of the 3:30 candle
- Divide the range into percentage steps:
- 25%, 50%, 75%, 100%
- Divide the range into percentage steps:
-
Determine direction using candle closes vs the 25% level
- If the candle closes above the 25% level → plan for upside toward the 50% level.
- If the candle closes below relevant levels later in the sequence → plan for downside similarly (with body-based validation as described).
-
Pending level completion rule
- Don’t enter until the market has completed the pending level on the intended side.
- If price moves away before reaching the level, wait.
-
Pinpoint entry trigger: use candle BODY vs WICK (stage-dependent)
- When the market leaves a pending level (the level has already been cleared):
- Entries should be taken from the candle body (not the wick).
- When the market completes the range (range completion confirmed):
- Entries may be taken from the wick.
- The video repeatedly emphasizes that the correct choice depends on whether the market is leaving a pending level or has completed the range.
- When the market leaves a pending level (the level has already been cleared):
-
Stop-loss and targeting
- Stop loss: repeatedly stated as 15–20 pips (often specifically 20 pips).
- Targets: “target this level” refers to the next pending percentage step (often including 50%, 75%, 100%, depending on which side is active).
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Risk/reward and trade management
- Mentions booking partial profit after repeated 100% “offers.”
- Example rule suggestion: book 50% quantity and hold the rest.
- Notes that in the shown scenario, overall payoff ratio can exceed 110 (exact calculation not formally defined).
- Mentions booking partial profit after repeated 100% “offers.”
Key Numbers and Thresholds Explicitly Mentioned
- Range divisor: 4.68
- Range result: approximately 19.01 (also 19.16 as an alternative/acceptable value)
- Candle time reference: 3:30 (focus on the opening)
- Percentage levels: 25%, 50%, 75%, 100%
- Stop-loss: 15–20 pips, multiple times specifically 20 pips
- Risk/reward reference: exceeded 110
- Example framing: with SL ~20 pips, the market may show ~100 pips on the other move (described repeatedly)
Explicit Recommendations / Cautions
- Do not trade “everywhere” in the direction.
- Only trade when a pending level exists and has been completed.
- Avoid mid-range entries when no validated pending level exists on that side.
- Pick one timeframe (3m or 5m) to practice initially, not both.
- Use candle BODY vs WICK correctly—the video highlights this is a common source of incorrect entries.
Disclosures / Disclaimers
- No explicit “not financial advice” disclaimer appears in the provided subtitles.
Presenters / Sources Mentioned
- Sisodia Trades (channel/host branding)
- Presenter referenced as “Sir” / “Sisodia Trades” (no full legal name clearly stated in the subtitles)